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Will appear before police in ponzi case: Janardhana Reddy

Agencies
November 10, 2018

Bengaluru, Nov 10 (PTI) Three days after remaining elusive, mining baron G Janardhana Reddy said on Saturday he would appear before the police in connection with an alleged ponzi scam, maintaining that he had not done anything wrong.

In a video message from an unknown location, Reddy said he was not absconding and was very much in the city, asserting that there was no need for him to flee. He also rubbished media reports that he had fled to Hyderabad or some other city.

"I have not committed anything wrong. The police do not have a single document to prove that I am wrong. They are misleading the media," he claimed in his message telecast by TV channels.

Reddy, who was a minister in the erstwhile Bharatiya Janata Party (BJP) government in Karnataka, said he never panicked as his name neither figured in the first information (FIR) report, nor was any notice served to him.

"Now that the notice has been issued by the police, I have decided to appear before the Central Crime Branch today itself though the notice says I should appear on Sunday," Reddy said.

"I decided to make this video to let people know the truth. I have faith in the police and believe that they would not succumb to any political pressure," he added.

The Central Crime Branch police had launched a hunt for him since Wednesday in connection with a money transaction worth crores of rupees, allegedly linked to a ponzi scheme.

The CCB was also on the lookout for Reddy's close aide, Ali Khan, who had allegedly struck a Rs 20-crore deal with Syed Ahmed Fareed of Ambidant Marketing Pvt. Ltd -- a company accused of involvement in the ponzi scheme -- to bail him out from the Enforcement Directorate investigation.

Bengaluru Police Commissioner T Suneel Kumar had said on Wednesday that Reddy was absconding and the police were looking for him to question him in the case.

Reddy's lawyer, C H Hanumantharaya, who earlier moved a city civil court on Friday seeking anticipatory bail, had told reporters that the minor baron would take a call on Saturday whether to appear before the CCB or not.

Comments

Ibrahim
 - 
Saturday, 10 Nov 2018

If he is innocent (he just lying), why he affraid of police and court

Reshma kodialbail
 - 
Saturday, 10 Nov 2018

He wanted to make arrangement for his bail. police need to wait for that...!

Joseph Stalin
 - 
Saturday, 10 Nov 2018

Funny.

He cant surrender now. He is busy. Police should obey him and wait till his appointment.. Lol

Mohan
 - 
Saturday, 10 Nov 2018

Why govt not taking immediate action or arrest of reddy

Suresh
 - 
Saturday, 10 Nov 2018

Appoint some BJP right hand officers.  Then only reddy can escape

Vinod
 - 
Saturday, 10 Nov 2018

True.. (Lol)Investigation going in a wrong direction. Investigation should be done similar to the case of vijay mallya, nirav modi, modi, amit shah etc

 

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News Network
April 10,2020

Bengaluru, Apr 10: With 10 new COVID-19 cases, Karnataka's tally of coronavirus cases has climbed to 207, the Karnataka government has said.

The 207 COVID-19 cases include 30 discharged and 6 deaths. Out of 10 new cases, 9 are close contacts of people who had earlier tested positive for coronavirus.

"10 more COVID-19 positive cases reported in Karnataka, taking the total number of positive cases in the state to 207, including 6 deaths and 30 discharged. 9 of the 10 new cases, are close contacts of people who had tested positive for the virus earlier," said the Karnataka government.

Meanwhile, the State Department of Health and Family Welfare has further notified 14 more COVID-19 dedicated hospitals in the state.

These hospitals include Bagalkot District Hospital, Chamarajanagar Institute of Medical Sciences, District Hospital Chikkaballapur, SNR District Hospital, Kandaya Bhavan Ramanagar, Tumkur District Hospital, Karwar Institute of Medical Sciences Uttara Kannada, Vijayapura District Hospital and Yadgiri District Hospital.

India's total number of coronavirus positive cases rose to 6,412 on Friday.

Out of the total cases, 5,709 are active patients and 503 of them have been cured/discharged, as per the Ministry of Health and Family Welfare.

With 30 new deaths reported in the last 12 hours, the toll stands at 199.

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News Network
April 25,2020

Bengaluru, Apr 25: Karnataka Health Minister B Sriramulu on Saturday initiated Phase I clinical trials to use plasma therapy for COVID-19 patients at city-based BMC Victoria Hospital.

Sriramulu was accompanied by Medical Education Minister Dr K Sudhakar.

"Karnataka has taken a lead role as we initiate Phase I clinical trials to use Convalescent Plasma Therapy for severe COVID-19 infected patients. BMC Victoria hospital took the first step today. We are determined to vanquish this enemy of mankind," Sriramulu said in a tweet.

"I wish our team of doctors at BMC Victoria hospital and team led by Dr US Vishal Rao a great success. This will be a torchbearer in our fight against Corona," he said in another tweet.

According to the Ministry of Health and Family Welfare, the state has so far reported 474 confirmed cases of COVID-19 which include 152 discharged or cured patients and 18 deaths.

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News Network
February 13,2020

New Delhi, Feb 13: Ashoka Buildcon on Thursday said it has emerged as the lower bidder for a highway project worth Rs 1,035.5 crore in Karnataka.

The project entails four laning of a section of NH-206 in the state.

Ashoka Buildcon had submitted its bid to National Highways Authority of India for the project to be built on hybrid annuity mode under Bharatmala Pariyojana, it said in a BSE filing.

"The company emerged as the lowest bidder at the financial bid opening meeting held on February 13," Ashoka Buildcon said.

The quoted bid project cost for the project is Rs 1,035.50 crore, it added.

The company's stock was trading at Rs 103.05, down 2.78 per cent, on the BSE.

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